Quantbot Technologies LP Purchases New Shares in ExlService Holdings, Inc. $EXLS

Quantbot Technologies LP purchased a new position in shares of ExlService Holdings, Inc. (NASDAQ:EXLS) during the second quarter, HoldingsChannel reports. The fund purchased 36,944 shares of the business services provider’s stock, valued at approximately $955,000.

Several other hedge funds and other institutional investors have also bought and sold shares of EXLS. Transamerica Financial Advisors LLC grew its position in shares of ExlService by 285.2% during the 4th quarter. Transamerica Financial Advisors LLC now owns 678 shares of the business services provider’s stock worth $29,000 after purchasing an additional 502 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of ExlService by 183.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,353 shares of the business services provider’s stock worth $57,000 after purchasing an additional 875 shares during the period. Leonteq Securities AG acquired a new stake in shares of ExlService in the fourth quarter valued at approximately $59,000. Cache Advisors LLC acquired a new stake in shares of ExlService in the first quarter valued at approximately $69,000. Finally, CIBC Private Wealth Group LLC boosted its stake in shares of ExlService by 63.4% in the third quarter. CIBC Private Wealth Group LLC now owns 1,583 shares of the business services provider’s stock valued at $70,000 after buying an additional 614 shares during the period. Institutional investors and hedge funds own 92.92% of the company’s stock.

ExlService Trading Up 0.1%

Shares of ExlService stock opened at $37.50 on Thursday. The firm has a market capitalization of $5.69 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 1.50 and a beta of 0.80. The firm’s 50 day moving average is $30.64 and its 200 day moving average is $30.36. ExlService Holdings, Inc. has a 1 year low of $24.85 and a 1 year high of $45.08.

ExlService (NASDAQ:EXLS) last issued its earnings results on Tuesday, July 28th. The business services provider reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. The firm had revenue of $594.76 million for the quarter, compared to analyst estimates of $573.94 million. ExlService had a net margin of 11.17% and a return on equity of 30.61%. The company’s quarterly revenue was up 15.6% on a year-over-year basis. During the same quarter last year, the business posted $0.49 earnings per share. ExlService has set its FY 2026 guidance at 2.250-2.290 EPS. As a group, research analysts anticipate that ExlService Holdings, Inc. will post 1.82 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on EXLS shares. JPMorgan Chase & Co. increased their price target on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Robert W. Baird set a $45.00 target price on ExlService and gave the company an “outperform” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded ExlService from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, August 19th. TD Cowen reissued a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a report on Thursday, July 9th. Finally, Needham & Company LLC raised their price target on ExlService from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ExlService currently has a consensus rating of “Moderate Buy” and an average target price of $43.50.

Insider Activity at ExlService

In related news, insider Vikas Bhalla sold 12,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the sale, the insider owned 153,295 shares of the company’s stock, valued at $4,632,574.90. This trade represents a 7.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

About ExlService

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.